REDWOOD, KILN LANE, REDLYNCH, SALISBURY, SP5 2HT - £715,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

REDWOOD is a large extended detached house of 160m², built sometime between 2007 and 2011. It was last sold for £715,000 in May 2023, which was around 45% above the average May 2023 detached price in the Wiltshire local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was B.

REDWOOD Sold Prices

Land registry data shows two sales for REDWOOD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wiltshire local authority area for the corresponding sale date. Both of the two REDWOOD sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2023 11 MAY	£715,000	£494,037	45% above HPI
2009 1 MAY	£470,000	£275,981	70% above HPI

REDWOOD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wiltshire local authority area over time, sourced from the HPI. The two REDWOOD sales from May 2009 and May 2023 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the May 2009 sale was for 70% above the HPI. So the extrapolation line tracks at 70% above the HPI over time, until the May 2023 sale, where it falls to 45% above the HPI. The line then continues to track at 45% above the HPI.

How Large is REDWOOD?

REDWOOD is 160m², which includes one extension, according to the EPC inspection conducted in August 2022. This puts it in the largest 30% of detached houses in Redlynch, based on EPC data. The below chart shows the distribution of detached houses by size in Redlynch, and where REDWOOD lies on this distribution: 68% of detached houses are smaller than REDWOOD, and 30% of houses are larger. Note that EPC data is not available for all properties in Redlynch.

REDWOOD: Plot and Title Map

REDWOOD sits on a plot of roughly 0.157 of an acre, or 635m². The below map shows the location of REDWOOD, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of REDWOOD). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is REDWOOD?

REDWOOD is located on KILN LANE in REDLYNCH, in the SP5 postcode district. The below map shows the position of REDWOOD on KILN LANE.